LIABILITY OF JOINT ACCOUNT HOLDERS Sample Clauses

LIABILITY OF JOINT ACCOUNT HOLDERS. Holders of joint accounts to which Card transactions are posted shall be jointly and severally liable for damages resulting from the responsibility of the Cardholders regarding to the use and safekeeping of the Card, until such time as:
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LIABILITY OF JOINT ACCOUNT HOLDERS. The joint Account holders are jointly and severally liable to the Firm for any debts, obligations or liabilities arising in connection with the Account. Each joint Account holder jointly and severally agrees to indemnify and hold the Firm harmless from, and to promptly pay the Firm on demand, any and all losses arising from the joint Account or any debit balance due thereon. As continuing collateral security for the payment of such debts, obligations or liabilities, which are now or which may in the future be owing by each joint Account holder to the Firm, each joint Account holder pledges to the Firm all of the joint Account holders’ collateral, whether held in the Account or in any other Account with the Firm in which any of the joint Account holders have an interest and whether or not any amount owing relates to the collateral pledged. This security is in addition to and not in substitution for the rights and remedies the Firm otherwise would have.
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LIABILITY OF JOINT ACCOUNT HOLDERS. A joint account shall not be approved as a Designated Account unless such joint account may be operated by any account holder singly. Where any joint account is converted to a joint account which may be operated by both account holders jointly, we may at our absolute sole discretion, terminate any Card and any Tokenised Card associated with such joint account, and terminate such cards’ participation in any Digital Payment Service, and such joint account shall cease to be a Designated Account. Where the Designated Account is in joint names and may be operated by any account holder singly, we may at our absolute sole discretion, at the request of any holder of the Designated Account, issue the Card(s) to such holder, and/or allow such holder to enrol such Card(s) on his/her own Enabled Device through any Digital Payment Service. All the account holders of the joint Designated Account are jointly and severally liable for, and must pay us on demand, any and all amounts due and owing on the Card and/or Designated Account and/or under this Agreement (including where such amounts arise from Card Transactions made via any Enabled Device(s)), as if each account holder of the joint Designated Account is the Principal Cardmember.
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LIABILITY OF JOINT ACCOUNT HOLDERS. A joint account shall not be approved as a Designated Account unless such joint account may be operated by any account holder singly. Where the Designated Account is in joint names and may be operated by any account holder singly, we may at our absolute sole discretion, at the request of any holder of the Designated Account, issue the Card(s) to such holder. All the account holders of the joint Designated Account are jointly and severally liable for, and must pay us on demand, any and all amounts due and owing on the Card and/or Designated Account and/or under this Agreement, as if each account holder of the joint Designated Account is the Principal Cardmember.
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LIABILITY OF JOINT ACCOUNT HOLDERS. 10.1 Holders of joint account to which Card transaction are posted shall be jointly and severally liable for damages resulting from the responsibility of the cardholder as regard the use and safekeeping of the card, until such time as:
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LIABILITY OF JOINT ACCOUNT HOLDERS. 8.2 A joint account shall not be used as a Designated Account unless such joint account may be operated by any account holder singly. Where the Designated Account is in joint names and may be operated by any account holder singly, the Bank may at its absolute sole discretion, at the request of any holder of the Designated Account, issue a Debit Card to each of them. All the account holders of the joint Designated Account are jointly and severally liable for, and shall pay the Bank on demand, any and all amounts due and owing on the Debit Card and/or Designated Account and/or under this Agreement.
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LIABILITY OF JOINT ACCOUNT HOLDERS. The Joint Account Holders are jointly and severally liable to ShareOwner for any debts, obligations or liabilities arising in connection with the Account. Each Joint Account Holder jointly and severally agrees to indemnify and hold ShareOwner harmless from, and to promptly pay ShareOwner on demand, any and all losses arising from the Joint Account or any debit balance due thereon. As continuing collateral security for the payment of such debts, obligations or liabilities, which are now or which may in the future be owing by each Joint Account Holder to ShareOwner, each Joint Account Holder hereby pledges to ShareOwner all of the Joint Account Holders’ Collateral, whether held in the Account or in any other account with ShareOwner in which any of the Joint Account Holders’ have an interest and whether or not any amount owing relates to the Collateral pledged. This security is in addition to and not in substitution for the rights and remedies ShareOwner otherwise would have.
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Related to LIABILITY OF JOINT ACCOUNT HOLDERS

  • Liability of Parties Without waiving any defenses including governmental immunity, each Party to this XXX agrees to be responsible for its own acts of negligence, which may arise in connection with any and all claims for damages, costs and expenses to person or persons and property that may arise out of or be occasioned by this XXX or any of its activities or from any act or omission of any employee or invitee of the Parties. The provisions in this paragraph are solely for the benefit of the Parties hereto and are not intended to create or grant any rights, contractually or otherwise to any third party.

  • Joint Accounts If any of your accounts accessed under this Agreement are joint accounts, all joint owners, including any authorized users, shall be bound by this Agreement and, alone and together, shall be responsible for all EFT transactions to or from any share and share draft or loan accounts as provided in this Agreement. Each joint account owner, without the consent of any other account owner, may, and is hereby authorized by every other joint account owner, make any transaction permitted under this Agreement. Each joint account owner is authorized to act for the other account owners, and the Credit Union may accept orders and instructions regarding any EFT transaction on any account from any joint account owner.

  • Liability of Trustee In exercising the rights and powers of the Trustee, the Trustee will exercise any rights and powers in the Trustee’s best judgment; provided, however, the Trustee shall not be liable for any action taken by such Trustee or the Trustee’s agent, except for liability arising from the Trustee’s bad faith, wilful misconduct or gross negligence. The Trustee shall not be required to give any bond or other security for the discharge of the Trustee’s duties.

  • Liability of Members The Members shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act.

  • Information Obligations Each Participant undertakes to promptly notify the Project Committee through the Project Coordinator of any significant information, fact, problem or delay likely to affect the Project. Each Participant shall promptly provide all information reasonably required by the Project Committee through the Project Coordinator to carry out its tasks. Each Participant shall take reasonable measures to ensure the accuracy of any information (including Background and Foreground) or material it supplies to the other Participants.

  • Liability of the Parties 5.1. The Parties shall be liable for non performance or improper performance of their obligations under this Agreement in accordance with the legislation of the Russian Federation.

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